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3D Systems (DDD) Q4 Earnings, Revenues Fall Y/Y
February 28, 2017

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Headquartered in Rock Hill, SC, 3D Systems Corp. (DDD - Free Report) is a leading provider of 3D content-to-print solutions including 3D printers, print materials, on-demand custom parts services and 3D authoring solutions for professionals and consumers, worldwide. The company also provides scanners for a variety of medical and mechanical X-Ray film digital archiving.

3D Systems has been making consistent efforts to strengthen its operational efficiency and expand its business via acquisitions. Surging popularity of 3D printing in almost every field, ranging from automotive and consumer products to defense and industrial/business machines, has provided the much-needed pick-up for the company after a prolonged gloomy period.

3D Systems has an extremely volatile earnings history, oscillating between incredible beats and abysmal misses. Over the trailing four quarters, the company has posted three huge beats and missed estimates drastically once. Last quarter, it had posted an incredible beat of 900%.

3D Systems Corporation Price, Consensus and EPS Surprise

Currently, DDD has a Zacks Rank #3 (Hold) but that could definitely change following its fourth-quarter 2016 earnings report, which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: DDD’s non-GAAP earnings came in at 15 cents per share, down from the prior-year tally of 19 cents per share.

Revenue: Revenues of $165.9 million lagged the Zacks Consensus Estimate of $176.1 million.

Key Stats: Steady demand for the company’s software and healthcare solutions, coupled with strong industrial sales, could not offset the impact of weak sales of professional printers and on-demand services.

Stock Price: Shares had inched up about 0.2% in pre-market trading at the time of writing, as investors remained hopeful about the company’s prospects.

Check back later for our full write up on this DDD earnings report later!

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